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Advance Auto Parts - Granite Falls, NC 3918 Hickory Blvd 6,124 SF Retail Building Granite Falls, NC 28630 $2,021,509 CAD ($330.10 CAD/SF) 7.45% Cap Rate
INVESTMENT HIGHLIGHTS
- The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's
- Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,200 Stores in Operation
- Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
- Within a 3-Mile Radius, Granite Falls Features a Demographic Profile Hosting 14,310 Residents With an Average Household Income of $67,602
- Founded in 1932, Advance Auto Parts Employs Over 69,000 People Nationwide
- The On-Demand Need For Parts By Local Shops and DIY Mechanics, Combined With the High Shipping Costs For Batteries and Other Parts
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,124 SF Advance Auto Parts Located at 3918 Hickory Boulevard in Granite Falls, NC. The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BB+ From S&P and Ba1 From Moody's, and $9.1 Billion in Annual Sales For 2024, Providing For a Secured Investment.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,124 SF
Building Class
B
Year Built
2010
Price
$2,021,509 CAD
Price Per SF
$330.10 CAD
Cap Rate
7.45%
NOI
$150,603 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.93 AC
Frontage
238’ on Hickory Blvd
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advance Auto Parts
- Retailer
- 6,124 SF
- $24.60 CAD
- Double Net
- Feb 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advance Auto Parts | Retailer | 6,124 SF | $24.60 CAD | Double Net | Feb 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-45-1-5B | Improvements Assessment | $671,825 CAD |
| Land Assessment | $789,146 CAD | Total Assessment | $1,460,971 CAD |
PROPERTY TAXES
Parcel Number
08-45-1-5B
Land Assessment
$789,146 CAD
Improvements Assessment
$671,825 CAD
Total Assessment
$1,460,971 CAD
CONTACTS
-
Jake Mahon -
Jack Liberatore -
Clifton McCrory -
Adam Scherr -
Sands Investment Group
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Advance Auto Parts - Granite Falls, NC | 3918 Hickory Blvd
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